Great Lakes Institute of Management, has published the placement data for the Class of 2014 of its One Year MBA (PGPM). The B-School reports that the 10th batch of PGPM achieved 100% placements as well as witnessed an increase in number of recruiters, offers made and compensation levels. Average salary awarded at the institute this year is Rs 11.43 lakh which as per the institute has been calculated on the basis of both domestic offers and 9 international offers.
As per the report, the PGPM 2014 batch consisted of 358 students with industry experience ranging between 2 to 6 years.
- The institute reports that 231 corporates participated in Campus Recruitment Program, an increase of 15% over the previous year
- Highest numbers of offers were made in Sales & Marketing, followed by Consulting, Finance & Technology
- Average CTC offered at Great Lakes this year was Rs 11.43 lakh (calculated on the basis of both domestic and international offers) and highest domestic offer of Rs. 32 lakh
- 9 international offers were made on campus
- Out of the class of 358 students, 302 students took up offers on campus, 42 students on sabbaticals returned to their respective companies and 14 students took up offers off-campus
- E-Commerce giant Amazon made the highest domestic offer offering a Project Manager role while Propack Industries made the highest international offer for a Finance and Strategy role
- The institute has reported a 15% increase in the number of recruiters including a large number of first time recruiters. Cognizant was the largest recruiter and companies which made over 10 offers include Accenture, CSC India, Deloitte US, Dexler, HCL Technologies, iNautix, L&T Infotech, Scope International, TCS and ZS Associates.
Off-campus offers were made by Acccenture BPO, Bosch and Siemens Home Appliances, Calderys India,CRISIL, Dubai, Finoit Technologies, Grace Construction Products, People Strong, Raising iBrows, Sewells Group, Thinklink, etc.
Professor S. Sriram, Executive Director, Great Lakes Institute of Management, said, “We are very happy with the response we have received from the corporate world despite tough economic conditions, with a larger and more diverse base of Recruiters than ever before. This is testament to the confidence of our corporate partners in the quality of our graduates and we look forward to serving their talent needs in the years to come.”
In the 10th year of the establishment of the institute, the institute got international recognition in the form of global full time MBA accreditation for its One Year MBA (PGPM) and Part-time Masters in Business Management accreditation for its two-year part-time PGXPM programme by Association of MBAs, UK (AMBA). AMBA is one of the top 3 global accreditation bodies, and the only one to accredit courses instead of B-Schools.
Great Lakes is in good company – IIM Calcutta, IIM Lucknow, MDI, IMI, IIM Kozhikode, SP Jain, Mumbai are the only other B-Schools in India to get this accreditation. These B-Schools too have received Full Time MBA accreditation solely for their One Year Full Time courses (barring IIM K which doesn’t have a One Year MBA and has been granted MBM accreditation for its PGP and Part time MBA accreditation for its EPGP).
To understand how an MBM programme differs from an MBA read this.
Great Lakes says that the accreditation awarded by AMBA reflects the world class standards followed by Great Lakes. The B-School says that it expects that increasingly corporates are going to use global benchmarking in their choice of schools for recruitment and Great Lakes would be a natural partner of choice. Cover Image courtesy – thegreatways.blogspot.in